Founded in 1903, our department is well-known for the excellence of its teaching and advising, with a strong reputation for producing outstanding Ph.D. graduates, as well as rigorous and innovative economic research. We are consistently ranked among the world's leading departments. Berkeley faculty have won five Nobel Prizes, five John Bates Clark Medals, two MacArthur Foundation Fellows and twenty-three Alfred P. Sloan Research Fellowships (including an average of one per year since 1995). The impact Berkeley faculty have had on various fields of economics has been enormous. Our department is currently at the forefront of many exciting new developments in economics. This year we are pleased to add Professors Andres Rodriguez-Clare and Haluk Ergin to our dynamic and diverse faculty. In addition, we are excited that Benjamin Handel will join our faculty as well, after completing his program as a Robert Wood Johnson scholar in Health Policy Research at Berkeley.
We are very sorry to announce that Professor John Quigley passed away over the weekend. He will be missed.
Yuriy Gorodnichenko receives the NSF CAREER grant for 2012-2017.
Emmanuel Saez's research written about for New York Times, For Two Economists, the Buffett Rule Is Just a Start.
I School's first endowed chair will be The Hal R. Varian Chair in Information Economics (Article)
Edward Miguel receives the 2012 Distinguished Teaching Award.